Stratos Wealth Advisors LLC Sells 7,287 Shares of iShares 7-10 Year Treasury Bond ETF $IEF

Stratos Wealth Advisors LLC lessened its position in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 31.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,221 shares of the exchange traded fund’s stock after selling 7,287 shares during the period. Stratos Wealth Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $1,565,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bison Wealth LLC lifted its holdings in iShares 7-10 Year Treasury Bond ETF by 115.6% during the fourth quarter. Bison Wealth LLC now owns 212,029 shares of the exchange traded fund’s stock valued at $19,602,000 after purchasing an additional 113,663 shares during the last quarter. Sequoia Financial Advisors LLC raised its position in shares of iShares 7-10 Year Treasury Bond ETF by 24.2% in the second quarter. Sequoia Financial Advisors LLC now owns 8,672 shares of the exchange traded fund’s stock valued at $830,000 after purchasing an additional 1,690 shares during the period. Harbour Investments Inc. lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 8.0% during the 2nd quarter. Harbour Investments Inc. now owns 3,122 shares of the exchange traded fund’s stock valued at $299,000 after buying an additional 232 shares in the last quarter. Allianz Asset Management GmbH lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF by 1,285.0% during the 2nd quarter. Allianz Asset Management GmbH now owns 62,960 shares of the exchange traded fund’s stock valued at $6,030,000 after buying an additional 58,414 shares in the last quarter. Finally, WealthPlan Investment Management LLC bought a new position in iShares 7-10 Year Treasury Bond ETF in the 2nd quarter worth approximately $216,000. Institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Trading Up 0.6%

iShares 7-10 Year Treasury Bond ETF stock opened at $96.83 on Friday. The firm has a 50 day simple moving average of $96.18 and a 200 day simple moving average of $96.38. iShares 7-10 Year Treasury Bond ETF has a 1-year low of $92.70 and a 1-year high of $97.77. The firm has a market capitalization of $47.29 billion, a price-to-earnings ratio of -22.00 and a beta of 0.26.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a $0.312 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 3.9%.

About iShares 7-10 Year Treasury Bond ETF

iShares 7-10 Year Treasury Bond ETF (the Fund) is an is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of the United States Treasury bonds with remaining maturities between seven and ten years. The Fund seeks to track the investment results of the Barclays U.S. 7-10 Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to seven years and less than ten years.